Egypt’s construction sector most prosperous in MENA
The MENA construction sector is surprisingly diverse in terms of exposure, profitability, and metrics, making it difficult to draw broad ...
Country: Egypt
Sumitomo Electric to establish 2nd factory in Egypt
Japanese company Sumitomo Electric Industries will invest in Egypt through establishing a factory in 6th of October City with a ...
Egypt's central bank launches a $261 million fund to develop tourist facilities
The governor of the Central Bank of Egypt (CBE) announced the launching of an EGP 5 billion ($261 million) fund ...
Egypt to aim for 5% economic growth rate in 2017/18 budget
Egypt's finance ministry will aim for an economic growth rate of five percent in the next financial year, according to ...
Egypt’s trade volume with Malta amount to 500 million euros
Foreign Minister Sameh Shoukry said that the trade volume between Egypt and Malta reaches to 500 million Euros. He added ...
Egypt banks finance foreign trade operations worth $7.9 billion since flotation
The volume of foreign trade operations financed by banks since the flotation of the Egyptian pound on 3 November until ...
Egypt receives second instalment of $1 billion from World Bank
The World Bank agreed to provide Egypt with the second tranche worth $1bn of its $3bn total loan aimed at ...
Spinneys opens second store in New Cairo
Spinneys opened its second store in Cairo, celebrating more than 10 years as Egypt’s foremost supplier of grocery and household ...
IFC in $20 million equity deal to support construction sector in Egypt
The IFC announced a $20 million equity investment in Hassan Allam Holding, one of Egypt’s largest private construction companies, last ...
Egypt’s property developer Madaar plans a $87.5 million project in west Cairo
Egypt’s property developer Madaar is launching a new project in Sheikh Zayed City, at the outskirts of Cairo, the company’s ...
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